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/biz/ - Business & Finance

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22690027 No.22690027 [Reply] [Original]

Redpill me on investing /biz/. What's a good investing platform you all use? What are some tips and tricks to help me get started and what to look for? I'm tired of being poor and a wagie with no future prospects. Feel free to point me in the right direction and share stories of your successes or failures.

>> No.22690088

yes

>> No.22690145
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22690145

So Im watching yt and one shill said acorns is decent for investing. Anyone have any experiencing with them? Or do I have to go face to face with a broker and use Schwab or something like that?

>> No.22690234

>>22690027
>What's a good investing platform you all use?
Vanguard
>What are some tips and tricks to help me get started and what to look for?
https://www.bogleheads.org/wiki/Approximating_Vanguard_target_date_funds

BUY AND HOLD.

>> No.22690387

>>22690234
Thanks. This basically says if I work for a company that holds the options to invest in their stocks I should be able to retire in say 20 years or so right?

>> No.22690552
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22690552

All you need to know

>> No.22690689
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22690689

>>22690027

If you're new use Robinhood for stocks and coin base for crypto. There are more advanced platforms that allow you to do more advanced strategy but those two are easy and simple to get your bearings.

Buy shit after it crashes, have buy and sell prices in mind so your not letting emotions make the decision during moons or crashes. If you fomo into a pump it's becase you were not prepared and therefore don't have a vague idea where the top is. There are some people who bought btc for 15k and sold for 18k but there are plenty of people buying on the way up and held to 3k or sold at a loss.

I sold my chainlink at 10 in August because I'm a retard and missed out the whole bull. By the grace of God I've had the opportunity to rebuy this month. Sucks to miss out but it's better than buying at 17 and riding to 8.

I bought tesla tho after cybertruck window Crack mini dump and that was good.

>> No.22690964
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22690964

>>22690552
I've gotten that far but I also heard I need to dyor for certain companies and options. Any tips to look out for concerning them?

>> No.22691044

>>22690689
Thanks for the tips. Good stuff.

Robinhood I heard of but I don't think they have stock options for precious metals and their miners which was something I wanted to check out.

>> No.22691388

Investing is different from trading, even swing trading.

I use Thinkorswim for charting and trading. To start, learn about moving averages (20, 50, and 150 day) and support and resistance levels.

>> No.22692112

>>22691388
Yeah I probably meant trading but I wouldn't mind getting tips for both. I heard trading though is a gambits measure.

Investing wise, you can get a decent passive income over time with certain options right?